Overall Sector and Industry Analysis
Datetime Range in EST Analyzed: 2024-08-21 to 2024-09-20
Reviewing the recent 30-day price and volume data for a range of stocks across various sectors reveals several sector trends:
- Tech & Communications:
- NOW and FFIV have shown consistent upward price movements with moderate to high volume, indicative of strong interest.
- RCL, although in the communications sector, aligned closely with the bullish signals seen in the broader tech sector, particularly in the last 10 days.
- Consumer Discretionary:
- AMZN displayed a significant volume spike with upward price movement, suggesting strong bullish momentum.
- LOW and WSM demonstrate resistance at higher levels although they show general upward trends.
- Industrials:
- Stocks such as PH and GWW showed stable performance with moderate price increments, indicating gradual accumulation.
- Healthcare & Pharma:
- CRVS and ALT have shown sporadic spikes in both volume and price, indicative of speculative trading or recent news impacting these stocks.
- Energy:
- GEV displayed some fluctuations in the last 10 days, indicating consolidation or preparation for a directional move.
Ticker Performance Prediction
Based on the momentum and volume trends observed, the following tickers are poised to move up in the next 2-3 days:
- AMZN
- NOW
- FFIV
- RCL
- IOT
- ALT
Individual Stock Analysis
AMZN
- Support Levels: 189.46, 189.88, 190.0
- Resistance Levels: 191.60, 191.84, 192.00
Price Action Prediction:
– Next 2-3 days: AMZN is likely to test the resistance at 191.60, potentially reaching 192.00.
– Price Targets: 191.60, 192.00
– Entry Points: Near 190.0
– Stop-Loss Levels: 189.15
Chart:
NOW
- Support Levels: 931.37, 932.99, 933.00
- Resistance Levels: 937.33, 940.12, 941.00
Price Action Prediction:
– Next 2-3 days: NOW is expected to break above 937.33 resistance towards 940.12.
– Price Targets: 940.12, 941.00
– Entry Points: Near 933.00
– Stop-Loss Levels: 931.37
Chart:
FFIV
- Support Levels: 219.03, 219.43, 219.70
- Resistance Levels: 220.23, 220.58, 221.00
Price Action Prediction:
– Next 2-3 days: FFIV will likely move towards testing the resistance at 220.58 and could reach 221.00.
– Price Targets: 220.58, 221.00
– Entry Points: Near 219.43
– Stop-Loss Levels: 219.03
Chart:
RCL
- Support Levels: 172.825, 173.185, 173.50
- Resistance Levels: 174.05, 174.48, 175.00
Price Action Prediction:
– Next 2-3 days: RCL should break the resistance of 174.48 and head towards 175.00
– Price Targets: 174.48, 175.00
– Entry Points: Near 173.50
– Stop-Loss Levels: 172.825
Chart:
IOT
- Support Levels: 48.92, 49.00, 49.07
- Resistance Levels: 49.38, 49.44, 49.56
Price Action Prediction:
– Next 2-3 days: IOT aims to break 49.38 resistance to move up towards 49.56.
– Price Targets: 49.44, 49.56
– Entry Points: Near 48.92
– Stop-Loss Levels: 48.89
Chart:
ALT
- Support Levels: 7.610, 7.730, 7.745
- Resistance Levels: 7.810, 7.835, 7.840
Price Action Prediction:
– Next 2-3 days: ALT expected to test 7.810, with a potential to reach 7.840.
– Price Targets: 7.835, 7.840
– Entry Points: Near 7.730
– Stop-Loss Levels: 7.610
Chart:
These predictions are based on the observed momentum and price-volume analysis from the provided data. As always, exercise caution and consider broader market conditions and individual risk tolerance when trading.